Vibrant consumption fuels China's economic recovery

STORY: Vibrant consumption fuels China's economic recovery SHOOTING TIME: FILE DATELINE: Dec. 19, 2023 LENGTH: 00:01:27 LOCATION: NANCHANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. various of JD logistics 3. various of scenic spots in China STORYLINE: The annual Central Economic Work Conference held earlier this month noted that China's economy has achieved a recovery and made solid progress in high-quality development in 2023. Consumption has become an increasingly important engine of China's economy, which contributed 83.2 percent to the GDP growth in the first three quarters of the year, compared with 77.2 percent in the first half of the year. Encouraging growth in the over two-week-long "Double 11" shopping extravaganza has testified the robust recovery of China's domestic consumer market. A total of 7.51 billion packages were sent during the period, representing a 30.9-percent growth compared with the same period in 2022. Robust consumption has also been reflected in other sectors

Nintendo group net profit for FY 2006 surges 77%

Nintendo group net profit for FY 2006 surges 77%

OSAKA, Japan - Nintendo Co. President Satoru Iwata speaks about the company's earnings report for fiscal 2006 and business prospects for fiscal 2007 at a news conference in Osaka on April 26. Nintendo's group net profit surged 77.2 percent from the previous year to 174.29 billion yen on sales of 966.53 billion yen, up 89.8 percent, as its game consoles and software titles sold well.

Nintendo group net profit for FY 2006 surges 77%

Nintendo group net profit for FY 2006 surges 77%

OSAKA, Japan - Nintendo Co. President Satoru Iwata speaks about the company's earnings report for fiscal 2006 and business prospects for fiscal 2007 at a news conference in Osaka on April 26. Nintendo's group net profit surged 77.2 percent from the previous year to 174.29 billion yen on sales of 966.53 billion yen, up 89.8 percent, as its game consoles and software titles sold well. (Kyodo)